Skip to main content
Site logo

Main navigation

  • Home
  • About me
  • News
  • Constituency
  • In Parliament
  • My Plan
  • Contact
Site logo

Philip Davies MP renews pressure to protect business against future uncertainty

  • Tweet
Monday, 25 January, 2021
Business meeting

AN MP who previously called for Government to make it compulsory for insurers to offer pandemic cover has renewed pressure on ministers to act immediately and protect businesses against any future uncertainty.

Shipley MP Philip Davies suggested Government could offer the industry two options, compulsory protection or as an add on to end customers being caught out by small print.

Now, following a court ruling which will force insurers to pay out through business interruption policies for earnings lost in the first lockdown, Mr Davies said Government must be quick to act.

He said: “I was told months ago my suggestion would be considered and it was very clear to me at the time action was needed and now it appears very clear to the top court in the land clarity is needed."

“Too often people are caught out by small print and think they are covered for something when they are not. By introducing one of two options, mandatory cover or an add on for pandemic, it would be clear to everyone what was and was not covered. Businesses have suffered tremendously with multiple lockdowns and while a change in insurance policy laws will not change things now it will offer guarantees in future.”

The Supreme Court found largely in favour of small firms receiving payments from business interruption insurance policies, which could provide a lifeline allowing them to continue to trade. The ruling followed many insurers refusing to pay out for submitted claims arguing only the most specialist policies had cover for the unprecedented situation.

  • Local News

You may also be interested in

basket of food

Philip Davies MP on BOGOF Offers

Wednesday, 11 May, 2022

An MP has welcomed confirmation buy one get one free offer will not be scrapped – following months of lobbying Government to U-turn on its controversial decision.

Shipley MP Philip Davies said it was the “right thing to do” and “should never have been proposed in the first place.”

Show only

  • Articles
  • Local News
  • Opinions
  • Speeches in Parliament
  • Westminster News

Philip Davies MP Member of Parliament for the Shipley Constituency

Footer

  • About RSS
  • Accessibility
  • Cookies
  • Privacy
  • Constituency
ConservativesPromoted by Jordan Booth on behalf of Philip Davies MP, both of First Floor, 3 Manor Lane, Shipley, BD18 3EA
Copyright 2022 Philip Davies MP Member of Parliament for the Shipley Constituency. All rights reserved.
Powered by Bluetree